YEARLY HIGH
1622.8251 GNF
YEARLY LOW
1144.8680 GNF
YEARLY AVERAGE
1381.4873 GNF

2020 TRY to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 1622.8251. Conversely, the yearly low was recorded on November 7, dropping to 1144.8680.

This high-to-low spread represents a total annual volatility of 477.9571 GNF. From a start-to-finish perspective, comparing the January average rate of 1600.8606 to the December average rate of 1291.5895, the exchange rate registered a net change of -19.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1622.8251 was down 8.44% compared to the 2019 peak of 1772.4940, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 81,141,257 GNF
2019 Average 81,320,146 GNF
Yearly Trough Low 57,243,402 GNF
Transaction Impact: A difference of 23,897,855.42 GNF purely based on transaction execution date.

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1637.8671
1193.7896
JanuMarcMayJulySeptNove

TRY to GNF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1468.7170, compared to 1294.2577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 174.4592 points.

H1 Avg (Jan–Jun) 1468.7170
H2 Avg (Jul–Dec) 1294.2577

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 155.6530 GNF (High: 1300.5211 / Low: 1144.8680). On the other end, July was the most stable month, with a tight range of 30.9116 GNF (High: 1409.9005 / Low: 1378.9889).

November Spread (Volatile) Âą155.6530
July Spread (Stable) Âą30.9116

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 108.0814 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -108.0814

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1600.8606) against the same month in 2019 (average: 1709.7157), the exchange rate shifted by -108.8551 (-6.37%).

2020 Avg (January) 1600.8606
2019 Avg (January) 1709.7157

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Month High Low Average
January 1622.8251 1573.4704 1600.8606
February 1593.1971 1511.3653 1561.3333
March 1568.3800 1436.4746 1494.2174
April 1435.2399 1355.3127 1386.1360
May 1413.3028 1307.8253 1368.4513
June 1421.3112 1388.6239 1401.3031
July 1409.9005 1378.9889 1401.1439
August 1389.7638 1304.2970 1325.3631
September 1310.5877 1249.6200 1285.3390
October 1260.1167 1171.1075 1230.7961
November 1300.5211 1144.8680 1231.3148
December 1356.1481 1250.4934 1291.5895